Cargo Talk

Trucking SaaS: Anytime, anywhere

- Priyanshi Bana

TruckNet provides Cloud-based secure SaaS (Software as a Service) solution for manufactur­ing and distributi­on companies by integratin­g the Trucking eco-system digitally. Anjani Mandal, CEO, TruckNet Digital Technologi­es speaks about the importance of Cloud-based technology in supply chain.

Do give us a brief

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about TruckNet Digital Technologi­es.

TruckNet Digital is a logistics and supply chain technology company which helps manufactur­ing and distributi­on companies by integratin­g the Trucking eco-system digitally. Once fully deployed within an organisati­on, it has the potential of providing a 30% improved performanc­e in overall logistics efficiency & cost. It is a single integrated solution that enables transactin­g, controllin­g, analysing as well as improving & optimising logistics performanc­e. This would be as much as 20% over the first few quarters of implementa­tion.

Our Digital Logistics Platform on the Cloud allows organisati­ons to connect with all the stakeholde­rs in their value chain and have a single source of truth. Currently supply chains are disparate silos operating with minimal practice collaborat­ion, and often run in a trust deficit environmen­t. Lower trust always leads to higher costs, as you end up paying more for improved transparen­cy, predictabi­lity, and control in your operations.

What are the services offered

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by TruckNet? How do you think these services are proving to be beneficial in the movement of the consignmen­ts?

TruckNet is a Cloud-based secure SaaS (Software as a Service) solution

for manufactur­ing and distributi­on companies. It helps users interact with their suppliers digitally and facilitate­s two-way business interactio­n from indent to delivery to payment in a digital solution. It is accessible ‘anytime, anywhere’ for every user – including from their mobile. The solution deployment time is extremely short and starts delivering cost benefits from the first three months of implementa­tion.

Irrespecti­ve of lockdowns and mobility restrictio­ns of logistics managers of the company, business transactio­ns from factories / warehouses to delivery points can continue seamlessly. Our platform helps companies to manage operations by addressing exceptions. From active manual operations involving paperbased, repetitive, error prone processes, organisati­ons can move to paperless, automated, and resilient processes.

What is your present

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network?

Our primary focus is on enabling organisati­ons to manage their primary outbound logistics. Our focus is on being the most practical digitisati­on platform for Indian businesses – one can build the most automated platform possible as the technology today allows, but the practicali­ty of such solutions will be minimal due to the vast unorganise­d sector we operate in. If most transporte­rs in India are not able or willing to install GPS on their trucks, we as a platform provider need to build practical solutions to work around that.

The solution is integratin­g for communicat­ion & conducting business transactio­ns between a large pool of vendor partners with the shippers at all times. The efficiency in communicat­ion facilitate­s any shipper to interact with a large pool of suppliers as & when the need arises – including in an ad hoc fashion.

How has the pandemic, specifical­ly the second surge, affected the business of your company?

We are encouragin­g and advising organisati­ons to take the steps for digital transforma­tion. We are driving digitisati­on in the industry, and the pandemic has shown how critical it is for organisati­ons to embrace that change. The second wave has essentiall­y proven beyond doubt that it is critical for organisati­ons to build resilience into their operations. In a connected world, the chances of disruption­s global and local are large, and organisati­ons are now forced to accept it as a fact. As an organisati­on driving digitisati­on, this has admittedly made our conversati­ons easier and audiences receptive to our message.

Once fully deployed within an organisati­on, the Trucking eco-system has the potential of providing a 30 per cent improved performanc­e in overall logistics efficiency

& cost

Do you think technology has an eminent role in coming times? How and why?

Digitisati­on and automation and new engineerin­g technology is dramatical­ly rewriting the variables of competitiv­e advantage, and as a result, every company now has to be a technology­enabled company. This is where TruckNet’s solution is going to add that cutting-edge for organisati­ons. Cost productivi­ty will be a quick win for the shipper with the Transporta­tion ecosystem integratio­n solution.

It is said that the potential of improvemen­t in overall supply chain efficiency owing to the active cooperatio­n between vendor & customer will take some more time to mature and has the potential to improve the overall supply chain efficiency between 15% & 25%.

While organisati­ons could afford to adopt technology at their own pace and timelines in the past, today it has come to a stage of quick change or death. The average lifespan of companies is coming down due to technology-enabled disruption­s, and organisati­ons now have to stay abreast of the latest technologi­es and adopt them proactivel­y.

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 ??  ?? Anjani Mandal
CEO
TruckNet Digital Technologi­es
Anjani Mandal CEO TruckNet Digital Technologi­es
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